Coleman Report
SBA Hot Topic Tuesday – Trump Nominates Carranza as the New Chief of SBA
August 6, 2019 By Caity Witucki Contributing Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday – Trump Nominates Carranza as the New Chief of SBA Last week, President Donald Trump formally announced his intention to nominate U.S. Treasurer, Jovita Carranza, as the new chief of the Small Business Administration. According to The Guardian, “Carranza…
Read MoreMain Street Monday – Survey Reveals Small Businesses Investing in Technology for Increased Sales, Growth
August 5, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Survey Reveals Small Businesses Investing in Technology for Increased Sales, Growth In a recent survey of 1,763 small businesses conducted by Researchscape International and DaySmart Software, results indicate that small business owners are leveraging technology to offset challenges, increase growth…
Read MoreFraud Friday — StartUp Airline Fails to Get off the Ground — Owner Guilty in Fraud & Tax Evasion
August 2, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — StartUp Airline Fails to Get off the Ground — Owner Guilty in Fraud & Tax Evasion In 2014, Michael Morisi, 59, received a $5 million loan from TowneBank guaranteed by the Newport News/Williamsburg-based Peninsula Airport Commission for his startup airline, People Express Airlines.…
Read MoreColeman Movers & Shakers — Rick Von Minden, Peter Samson, Colony Bankborp, and First National 1870
August 1, 2019 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Rick Von Minden, Peter Samson, Colony Bankborp, and First National 1870 Rick Von Minden Joins 44 Business Capital’s SBA Team as First Vice President of SBA Lending Von Minden has over twenty years of experience handling SBA loans.…
Read MoreSBA Hot Topic Tuesday – Revised Procedures for Fingerprint Background Checks for SBA Business Loans
July 30, 2019 By Caity Witucki Contributing Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday – Revised Procedures for Fingerprint Background Checks for SBA Business Loans As of July 25, 2019, SBA will now require all FBI fingerprint background checks, in connection with SBA 7(a) and 504 business loans, to be submitted electronically. To…
Read MoreMain Street Monday – “Goldilocks Economy” Creates Opportunities for Age 50+ Entrepreneurs
July 29, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – “Goldilocks Economy” Creates Opportunities for Age 50+ Entrepreneurs To coin a phrase from the classic children’s tale of Goldilocks and The Three Bears, a Goldilocks Economy is one that is not too hot (inflation), not too cold (recession), but just…
Read MoreFraud Friday – Former Controller Gets 2 Years in Jail for Stealing $1.2 Million that Bankrupted Company
July 26, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Former Controller Gets 2 Years in Jail for Stealing $1.2 Million that Bankrupted Company Jeanette Elizabeth Ford was convicted of wire fraud on May 14, 2018, after pleading guilty to embezzlement. “Ford abused her position of trust and embezzled a startling…
Read MoreUsing Retirement Funds Tax And Penalty Free to Buy or Start a Business
Did you talk to Suzy about this yet? Join Home about Free webinar Using Retirement Funds Tax And Penalty Free to Buy or Start a Business What is a BORSA™ Plan? Learn the background of BORSA™ and understand what this plan…
Read MoreColeman Movers & Shakers — Dina Kroshkin, Arshad Khan, David Brindley, Saint Louis Bank, and Meridian Bank
July 25, 2019 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Dina Kroshkin, Arshad Khan, David Brindley, Saint Louis Bank, and Meridian Bank David Brindley Joins Live Oak Bank’s Lending Team “In my new role as Vice President of Small Business Lending, I will be focused on building the…
Read MoreSBA or PPP Loan Past Due! @ 31 Days, Now What? — Webinar 12/1
Mandatory Servicing Actions of a 7(a), 504, and PPP Loan What are the Critical steps a Prudent Lender must do as a SBA Loan Approaches 60 days Delinquent? SBA Non-Performing Loan Training: Rules for Prudent Lenders — a 75-minute webinar that allows your staff to earn e-certification. A Coleman WebinarDate: Wednesday, December 1, 2021Time: 2:00…
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